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The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information. Bank Owned 7 Single Family Lots Estates at Ellis Wade Subdivision Smyrna, GA 30082 Presented By: The Jordan Company David Walmsley/Rob Jordan 4200 Northside Parkway, Bldg 3, Suite A Atlanta, Georgia 30327 (404) 237 – 2900
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Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

Sep 20, 2020

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Page 1: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information.

Bank Owned 7 Single Family Lots

Estates at Ellis Wade Subdivision Smyrna, GA 30082

Presented By:

The Jordan Company David Walmsley/Rob Jordan

4200 Northside Parkway, Bldg 3, Suite A Atlanta, Georgia 30327

(404) 237 – 2900

Page 2: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information.

Location: The subdivision is located in unincorporated Cobb County,

adjacent to the city of Smyrna, off of East West Connector about

430 yards west from the intersection with S Cobb Drive. The

subdivision has access to I-285 by either the S Cobb Drive exit

(+/- 1.70 miles south) or via the Atlanta Road exit (+/- 1.30 miles

east). Also, the subject property is about +/- 3.6 miles south of I-

75 from I-285 while about 4 miles north of I-20.

Within a three mile radius there is a population of +/- 68,544 with

a median household income of $66,850. Subdivision: The subdivision was originally developed in the early 1960s and

consisted of 49 homes, 14 have been demolished and developed

with new homes (built between 2006-2008) while 10 have been

demolished and remain vacant (two lots currently have a home

under construction). On-Site: The subject property consists of 7 demolished single family lots

in the Estates at Ellis Wade subdivision. Lot Size: The average size of the lots is 15,246 sqft (.35 acres)

Zoning: R-20: 4 lots

R-15: 3 lots Schools: Nickajack Elementary

Campbell Middle

Campbell High Utilities: All available

Property Taxes: $3,919.69 (2012)

Asking Price: $490,000 ($70,000/lot)

Page 3: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information.

Page 4: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information.

Jordan Company Listed Lots Owner Occupied New Homes

Available Rental Homes Owned By State Bank Investor Owned Vacant Lots

* UC = Under Construction

Vacant, Investor

Owned Land

+/-2.33 Acres

(available)

Zoned GC

(Smyrna)

Rockhaven Homes

UC

UC

Lot

Ivy Glen HOA

Page 5: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information.

Typical New Homes in Subdivision

Page 6: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information.

Typical Older Homes in Subdivision

Page 7: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

The information contained herein is derived from a variety of sources including the owner, public records and other sources the Jordan Company deems to be reliable. The Jordan Company has no reason to doubt, but does not guarantee the accuracy of this information.

New Home Sales New Home Sales in the Estates at Ellis Wade (2011–Present)

Address SqFt Year Built Sale Date Sales Price Price/SqFt

1603 Gaylor St 4,480 2006 12/5/2012 $375,000 $83.71

1606 Gaylor St 3,638 2006 12/4/2012 $345,000 $94.83

1626 Gaylor St 3,640 2007 11/30/2012 $340,000 $93.41

1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

1618 Gaylor St 3,410 2006 7/27/2012 $375,000 $109.97

1556 Gaylor Dr 3,598 2008 6/14/2012 $385,000 $107.00

1660 Gaylor St 3,959 2007 9/22/2011 $375,000 $94.72

*These homes were sold by the bank Weighted

Average $98.12

Woodbridge Crossing New Home Sales (2012-Present)

Address Sale Date Sale Price SqFt Price/SqFt

4228 Hardy Ave 5/17/2013 $307,790 2,555 $120.47

4314 Elliott Way 4/15/2013 $373,696 3,400 $109.91

4234 Hardy Ave 3/15/2013 $322,900 2,555 $126.38

4230 Hardy Ave 2/28/2013 $297,000 2,260 $131.42

4318 Elliott Way 12/27/2012 $300,000 2,555 $117.42

4409 Felix Way 12/21/2012 $297,000 2,700 $110.00

4520 Wilkerson Pl 11/29/2012 $324,935 2,842 $114.33

4512 Wilkerson Pl 11/26/2012 $360,993 3,061 $117.93

4528 Wilkerson Pl 11/16/2012 $339,394 3,160 $107.40

4405 Felix Way 10/18/2012 $303,000 2,800 $108.21

4322 Elliot Way 10/15/2012 $306,800 2,555 $120.08

4404 Felix Way 8/31/2012 $332,345 3,400 $97.75

4407 Felix Way 6/29/2012 $267,400 2,300 $116.26

4408 Felix Way 6/29/2012 $272,400 2,480 $109.84

4221 Hardy Ave 6/15/2012 $315,000 2,460 $128.05

4543 Wilkerson Pl 6/14/2012 $272,500 2,769 $98.41

4414 Felix Way 4/30/2012 $284,300 2,345 $121.24

4420 Felix Way 4/11/2012 $266,000 2,345 $113.43

4223 Hardy Ave 2/28/2012 $307,950 2,430 $126.73

Average $307,969 Weighted

Average $114.80

Westbrook Park New Home Sales (2012-Present)

Address Sale Date Sale Price SqFt Price/SqFt

4194 N Cooper Lake Rd 3/28/2013 $406,985 3,385 $120.23

480 Parkside Ter 12/27/2012 $422,632 3,494 $120.96

4256 Parkside Ct 6/15/2012 $392,470 3,275 $119.84

4257 Parkside Ct 6/8/2012 $374,000 2,758 $135.61

4253 Parkside Dr 5/3/2012 $401,340 3,521 $113.98

478 Parkside Ter 4/30/2012 $459,900 3,513 $130.91

4241 Parkside Dr 4/30/2012 $390,000 3,006 $129.74

Average $406,761 Weighted

Average $124.06

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Population 1-mi. 3-mi. 5-mi.

2011 Male Population 4,021 32,636 89,940

2011 Female Population 4,589 35,908 93,638

% 2011 Male Population 46.70% 47.61% 48.99%

% 2011 Female Population 53.30% 52.39% 51.01%

2011 Total Adult Population 7,275 56,923 142,087

2011 Total Daytime Population 8,241 58,233 198,831

2011 Total Daytime Work Population 4,957 33,608 120,976

2011 Median Age Total Population 36 33 31

2011 Median Age Adult Population 41 39 39

2011 Age 0-5 610 4,957 16,151

2011 Age 6-13 465 4,312 16,353

2011 Age 14-17 260 2,352 8,987

2011 Age 18-20 193 1,735 6,394

2011 Age 21-24 684 6,049 15,643

2011 Age 25-29 907 8,715 20,017

2011 Age 30-34 892 6,966 16,611

2011 Age 35-39 697 5,266 13,548

2011 Age 40-44 663 4,646 12,311

2011 Age 45-49 593 4,425 11,424

2011 Age 50-54 608 4,206 10,244

2011 Age 55-59 511 3,694 8,880

2011 Age 60-64 401 3,184 7,916

2011 Age 65-69 339 2,482 6,390

2011 Age 70-74 227 1,830 4,561

2011 Age 75-79 188 1,504 3,462

2011 Age 80-84 173 1,129 2,568

2011 Age 85+ 196 1,092 2,118

% 2011 Age 0-5 7.09% 7.23% 8.80%

% 2011 Age 6-13 5.40% 6.29% 8.91%

% 2011 Age 14-17 3.02% 3.43% 4.90%

% 2011 Age 18-20 2.24% 2.53% 3.48%

% 2011 Age 21-24 7.95% 8.82% 8.52%

% 2011 Age 25-29 10.54% 12.71% 10.90%

% 2011 Age 30-34 10.36% 10.16% 9.05%

% 2011 Age 35-39 8.10% 7.68% 7.38%

% 2011 Age 40-44 7.70% 6.78% 6.71%

% 2011 Age 45-49 6.89% 6.46% 6.22%

% 2011 Age 50-54 7.06% 6.14% 5.58%

% 2011 Age 55-59 5.94% 5.39% 4.84%

% 2011 Age 60-64 4.66% 4.65% 4.31%

% 2011 Age 65-69 3.94% 3.62% 3.48%

% 2011 Age 70-74 2.64% 2.67% 2.48%

Demographics

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% 2011 Age 75-79 2.18% 2.19% 1.89%

% 2011 Age 80-84 2.01% 1.65% 1.40%

% 2011 Age 85+ 2.28% 1.59% 1.15%

2011 White Population 5,427 41,815 92,936

2011 Black Population 2,310 19,257 62,887

2011 Asian/Hawaiian/Pacific Islander 548 3,557 8,377

2011 American Indian/Alaska Native 19 202 717

2011 Other Population (Incl 2+ Races) 306 3,713 18,662

2011 Hispanic Population 409 5,255 28,472

2011 Non-Hispanic Population 8,201 63,288 155,106

% 2011 White Population 63.03% 61.00% 50.62%

% 2011 Black Population 26.83% 28.09% 34.26%

% 2011 Asian/Hawaiian/Pacific Islander 6.36% 5.19% 4.56%

% 2011 American Indian/Alaska Native 0.22% 0.29% 0.39%

% 2011 Other Population (Incl 2+ Races) 3.55% 5.42% 10.17%

% 2011 Hispanic Population 4.75% 7.67% 15.51%

% 2011 Non-Hispanic Population 95.25% 92.33% 84.49%

2000 Non-Hispanic White 3,985 36,120 83,999

2000 Non-Hispanic Black 1,082 12,003 54,762

2000 Non-Hispanic Amer Indian/Alaska Native 16 145 378

2000 Non-Hispanic Asian 193 1,754 4,794

2000 Non-Hispanic Hawaiian/Pacific Islander n/a n/a 34

2000 Non-Hispanic Some Other Race n/a 29 363

2000 Non-Hispanic Two or More Races 57 704 2,812

% 2000 Non-Hispanic White 74.72% 71.17% 57.09%

% 2000 Non-Hispanic Black 20.29% 23.65% 37.22%

% 2000 Non-Hispanic Amer Indian/Alaska Native 0.30% 0.29% 0.26%

% 2000 Non-Hispanic Asian 3.62% 3.46% 3.26%

% 2000 Non-Hispanic Hawaiian/Pacific Islander 0.00% 0.00% 0.02%

% 2000 Non-Hispanic Some Other Race 0.00% 0.06% 0.25%

% 2000 Non-Hispanic Two or More Races 1.07% 1.39% 1.91%

Population Change 1-mi. 3-mi. 5-mi.

Total Employees n/a n/a n/a

Total Establishemnts n/a n/a n/a

2011 Total Population 8,610 68,544 183,578

2011 Total Households 3,923 31,648 78,663

Population Change 1990-2011 4,483 25,191 46,975

Household Change 1990-2011 2,090 11,677 19,229

% Population Change 1990-2011 108.63% 58.11% 34.39%

% Household Change 1990-2011 114.02% 58.47% 32.35%

Population Change 2000-2011 3,130 13,898 19,638

Household Change 2000-2011 1,454 6,103 9,224

% Population Change 2000-2011 57.12% 25.43% 11.98%

% Households Change 2000-2011 58.89% 23.89% 13.28%

Page 10: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

Housing 1-mi. 3-mi. 5-mi.

2000 Total Housing Units 2,547 27,201 74,307

2000 Occupied Housing Units 2,432 25,539 69,542

2000 Owner Occupied Housing Units 1,431 12,906 32,403

2000 Renter Occupied Housing Units 1,001 12,633 37,139

2000 Vacant Housing Units 114 1,662 4,764

% 2000 Occupied Housing Units 95.48% 93.89% 93.59%

% 2000 Owner Occupied Housing Units 56.21% 47.45% 43.61%

% 2000 Renter Occupied Housing Units 39.32% 46.44% 49.98%

% 2000 Vacant Housing Units 4.48% 6.11% 6.41%

Income 1-mi. 3-mi. 5-mi.

2011 Median Household Income $59,340 $66,850 $53,803

2011 Per Capita Income $41,533 $42,080 $37,549

2011 Average Household Income $91,154 $91,138 $87,629

2011 Household Income < $10,000 228 1,530 5,194

2011 Household Income $10,000-$14,999 70 783 3,969

2011 Household Income $15,000-$19,999 84 1,044 3,378

2011 Household Income $20,000-$24,999 90 985 4,028

2011 Household Income $25,000-$29,999 145 978 3,634

2011 Household Income $30,000-$34,999 338 1,698 4,535

2011 Household Income $35,000-$39,999 259 1,468 4,459

2011 Household Income $40,000-$44,999 240 1,604 4,002

2011 Household Income $45,000-$49,999 195 1,409 3,720

2011 Household Income $50,000-$59,999 334 2,594 6,344

2011 Household Income $60,000-$74,999 442 3,789 7,533

2011 Household Income $75,000-$99,999 462 5,181 9,526

2011 Household Income $100,000-$124,999 461 2,999 5,858

2011 Household Income $125,000-$149,999 223 1,843 3,398

2011 Household Income $150,000-$199,999 187 1,746 3,422

2011 Household Income $200,000-$249,999 82 831 1,953

2011 Household Income $250,000-$499,999 68 988 2,974

2011 Household Income $500,000+ 14 177 737

2011 Household Income $200,000+ 164 1,997 5,664

% 2011 Household Income < $10,000 5.81% 4.83% 6.60%

% 2011 Household Income $10,000-$14,999 1.78% 2.47% 5.05%

% 2011 Household Income $15,000-$19,999 2.14% 3.30% 4.29%

% 2011 Household Income $20,000-$24,999 2.29% 3.11% 5.12%

% 2011 Household Income $25,000-$29,999 3.70% 3.09% 4.62%

% 2011 Household Income $30,000-$34,999 8.62% 5.37% 5.77%

% 2011 Household Income $35,000-$39,999 6.60% 4.64% 5.67%

% 2011 Household Income $40,000-$44,999 6.12% 5.07% 5.09%

% 2011 Household Income $45,000-$49,999 4.97% 4.45% 4.73%

% 2011 Household Income $50,000-$59,999 8.52% 8.20% 8.06%

% 2011 Household Income $60,000-$74,999 11.27% 11.97% 9.58%

Page 11: Bank Owned 7 Single Family Lots Estates at Ellis Wade ...rjordancompany.com/documents/upload/Estates at Ellis Wade Marke… · 1600 Gaylor St 2,973 2006 11/1/2012 $326,500 $109.82

% 2011 Household Income $75,000-$99,999 11.78% 16.37% 12.11%

% 2011 Household Income $100,000-$124,999 11.75% 9.48% 7.45%

% 2011 Household Income $125,000-$149,999 5.69% 5.82% 4.32%

% 2011 Household Income $150,000-$199,999 4.77% 5.52% 4.35%

% 2011 Household Income $200,000-$249,999 2.09% 2.63% 2.48%

% 2011 Household Income $250,000-$499,999 1.73% 3.12% 3.78%

% 2011 Household Income $500,000+ 0.36% 0.56% 0.94%

% 2011 Household Income $200,000+ 4.18% 6.31% 7.20%

Retail Sales Volume 1-mi. 3-mi. 5-mi.

2011 Children/Infants Clothing Stores $1,930,131 $15,552,103 $36,528,882

2011 Jewelry Stores $1,364,130 $11,353,065 $26,334,902

2011 Mens Clothing Stores $2,773,372 $22,328,131 $52,682,445

2011 Shoe Stores $2,701,810 $21,056,440 $50,178,581

2011 Womens Clothing Stores $4,840,798 $38,043,369 $90,560,322

2011 Automobile Dealers $34,768,413 $260,442,075 $625,406,824

2011 Automotive Parts/Acc/Repair Stores $4,194,873 $32,767,461 $77,862,995

2011 Other Motor Vehicle Dealers $1,303,189 $10,241,540 $24,379,481

2011 Tire Dealers $1,097,526 $8,813,903 $20,669,502

2011 Hardware Stores $976,400 $6,348,278 $16,535,018

2011 Home Centers $4,042,504 $27,066,280 $68,795,313

2011 Nursery/Garden Centers $1,160,618 $9,321,254 $21,850,986

2011 Outdoor Power Equipment Stores $441,916 $2,885,757 $7,270,620

2011 Paint/Wallpaper Stores $143,299 $963,470 $2,433,459

2011 Appliance/TV/Other Electronics Stores $3,154,528 $25,828,009 $60,383,247

2011 Camera/Photographic Supplies Stores $550,206 $4,196,861 $10,084,794

2011 Computer/Software Stores $1,632,411 $12,250,848 $29,575,544

2011 Beer/Wine/Liquor Stores $2,107,346 $16,809,870 $39,704,443

2011 Convenience/Specialty Food Stores $2,803,985 $35,977,853 $88,318,984

2011 Restaurant Expenditures $17,821,169 $188,456,243 $461,292,610

2011 Supermarkets/Other Grocery excl Conv $23,995,507 $181,732,789 $437,613,367

2011 Furniture Stores $3,323,300 $25,938,995 $61,645,609

2011 Home Furnishings Stores $2,178,127 $17,609,059 $41,566,894

2011 Gen Merch/Appliance/Furniture Stores $29,636,085 $231,508,359 $551,182,013

2011 Gasoline Stations w/ Convenience Stores $17,494,959 $152,664,353 $367,096,862

2011 Other Gasoline Stations $14,690,974 $116,686,500 $278,777,883

2011 Department Stores excl Leased Depts $32,790,614 $257,336,370 $611,565,265

2011 General Merchandise Stores $26,312,786 $205,569,368 $489,536,403

2011 Other Health/Personal Care Stores $2,232,170 $16,656,177 $40,213,827

2011 Pharmacies/Drug Stores $11,437,460 $86,749,700 $208,848,685

2011 Pet/Pet Supplies Stores $1,669,588 $12,364,508 $30,046,026

2011 Book/Periodical/Music Stores $390,027 $3,713,446 $8,501,810

2011 Hobby/Toy/Game Stores $750,911 $3,604,253 $10,528,212

2011 Musical Instrument/Supplies Stores $304,301 $2,345,259 $5,582,495

2011 Sewing/Needlework/Piece Goods Stores $97,534 $774,877 $1,871,219